£50m for supporting change and impact
BIG has announced it will make at least £50m of extra funding available to support hundreds of vital voluntary and community sector (VCS) projects deal with the impact of funding cuts.
National Council for Voluntary Organisations (NCVO) says the full impact on the VCS of cutbacks is still to come and estimates that voluntary and community groups will face a reduction in public funding of over £900 million by 2016, losing a total of £2.8 billion in that period.
In response BIG has increased funding through the existing Reaching Communities and Awards for All programmes, making an extra 650 awards, and in the coming weeks will be offering grants of up to £10,000 to around 1,000 eligible BIG grant holders who have received more than 12 months funding from BIG and are in the last 18 months of their project. These grants will allow projects to review the way they work and explore ways of becoming more sustainable.
Projects that are having a particularly significant impact will also be eligible to apply for an additional year’s worth of funding to continue their project and carry out plans to make their projects more sustainable in the long term.
All eligible grant holders will be sent an e-mail about applying to the Supporting Change and Impact fund this week with details of how they can apply, so keep an eye on your inbox.
If you think you are eligible for this fund but do not receive an e-mail by Monday 31 October then please contact your Grants Officer.